0907 CST
OK, I'm probably done posting for the day...I just missed the trade I posted about previously!
OK, I'm probably done posting for the day...I just missed the trade I posted about previously!
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Bond Trader 2008 (Swing Trading Bond futures, Stocks, and ETF's)
- Thread starter johnpinochet
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0912 CST
I took a less than ideal entry anyway. So, targets are 114 09 followed by 114 00. Hopefully we will hit 114 09 at a minimum. I may get out there following my late entry rule.
I took a less than ideal entry anyway. So, targets are 114 09 followed by 114 00. Hopefully we will hit 114 09 at a minimum. I may get out there following my late entry rule.
0938 out at 114 105 on 75%. I don't have a feel at the moment so I am out on 3/4. I'll let the other stop out at break even. I still think we will break through these lows, but I have a time limit on trades as well as various soft rules about trades approaching entries that are telling me to exit the bulk now.
0940 CST
Spoke to soon. Thank God for multiple contracts.
Spoke to soon. Thank God for multiple contracts.
0944 CST
OK, out at 114 090, and leaving a single lot in case we test 114 00.
OK, out at 114 090, and leaving a single lot in case we test 114 00.
That is it for me. I've bagged my daily limit. In conclusion, we are in a down trend per my hourly system. I would look to short at ideal entries between 114 18 and 114 28. There is a lot of room between those two levels so use your own discretion. Remember, price behaviour determines whether an approach to S/R will violate or fail.
Hourly long signal occurred into the close around 114 20. Based on recent past experience this signal should be worth 8 - 16 ticks. We might have a shot at 115 08.
Remember, it all depends on price. Bottom line, you didn't have to wait until this post to know that we might get a long signal. The third failure test of the lows should have told you that bonds would go higher into the close.
Remember, it all depends on price. Bottom line, you didn't have to wait until this post to know that we might get a long signal. The third failure test of the lows should have told you that bonds would go higher into the close.
ES gave a buy signal at 0630 this AM and hasn't looked back since. If you day trade the ES based on a 1 minute chart it is quite humbling to see the steady hand of this signal. And no, I didn't make use of it today. Also, had I been trading the ES I probably would have gotten caught up in the noise and did a mix of buys and sells based on the 1 min, instead of only buying dips based on the strength of this 1 hour signal.
Anyone know when this was posted by the SEC?
http://www.sec.gov/rules/other/2008/34-58248.pdf
Was it after market close on 29 July 2008? Yahoo shows this news being posted late at night.
http://www.sec.gov/rules/other/2008/34-58248.pdf
Was it after market close on 29 July 2008? Yahoo shows this news being posted late at night.
0353 CST
Hourly turned short at roughly 0125 CST. I started shorting on the approach and break through 114 28. This is a key number I've mentioned several times.
First target is 114 12, however it is possible this will be a very quick scalp trade instead. Bottom line, it is looking like yesterday was simply an opportunity to sell at a solid price.
Hourly turned short at roughly 0125 CST. I started shorting on the approach and break through 114 28. This is a key number I've mentioned several times.
First target is 114 12, however it is possible this will be a very quick scalp trade instead. Bottom line, it is looking like yesterday was simply an opportunity to sell at a solid price.
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